CIO Business Intelligence

JULY 5, 2022

Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. What are the benefits of business analytics? What is the difference between business analytics and business intelligence? This is the purview of BI.

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

CIO Business Intelligence

JANUARY 20, 2023

BI focuses on descriptive analytics, data collection, data storage, knowledge management, and data analysis to evaluate past business data and better understand currently known information.

Business Intelligence 144

Business Intelligence Dashboards Data mining OLAP 144

IBM Big Data Hub

SEPTEMBER 19, 2023

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

Domino Data Lab

JANUARY 21, 2021

Producing insights from raw data is a time-consuming process. Predictive modeling efforts rely on dataset profiles , whether consisting of summary statistics or descriptive charts. Results become the basis for understanding the solution space (or, ‘the realm of the possible’) for a given modeling task.

Statistics 106

Statistics Unstructured Data Data Science Visualization 106

FineReport

MARCH 24, 2024

Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. Descriptive analytics: Assessing historical trends, such as sales and revenue.

Statistics 52

Statistics Data mining Visualization Reporting 52

datapine

JANUARY 31, 2022

BI users analyze and present data in the form of dashboards and various types of reports to visualize complex information in an easier, more approachable way. Business intelligence can also be referred to as “descriptive analytics”, as it only shows past and current state: it doesn’t say what to do, but what is or was.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Sisense

JULY 23, 2021

While data and analytics are nothing new to the Olympics — they’ve been used in some form or another for many, many years — what is new is the importance of using data to manage the evolving changing models for delivery of the Games,” Chris says. >>>Infused Using data to create a more modern Olympics. “We

Unstructured Data 105

Unstructured Data Internet of Things Data-driven Data Processing 105